Last week, Skechers (SKX) presented at UBS Global Consumer and Retail Conference, giving interesting updates on the status of their business and their expectations for the future. I think its worth refreshing our view of the stock and its attractiveness.

Skechers has lived mome

S&P 500 Decline May Stall at These Key Technical Levels

The four-day rout in U.S. equities has technical analysts studying charts for clues on where the selling may stop.

The S&P 500 Index blasted through its average price for the past 100 days at the open, as the drop since Monday headed for 4 percent. With that level, which served as a bottom in Thursday’s session, out of the way, here are key numbers to watch Friday as the benchmark for American equities slipped 0.6 percent to 2,661 as of 9:34 a.m. in New York.

For chart watchers, the next stop on the way down could be the round-number milestone of 2,600. That’s almost exactly the same number as what’s known as a 50 percent Fibonacci retracement level, halfway below the January peak and a low set last March.

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If those levels get breached, the next major stop would be the 200-day moving average at 2,560. To get there, the S&P 500 would have to fall more than 4 percent on Friday.

If one is to truly allege that the digital asset is little more than a massive ploy to defraud unwitting investors of their money, la Bernie Madoff, then one must admit that the entire stock market itself is one giant hustle, too.

Last week, Skechers (SKX) presented at UBS Global Consumer and Retail Conference, giving interesting updates on the status of their business and their expectations for the future. I think its worth refreshing our view of the stock and its attractiveness.

In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox (Pending:DBX), a storage solution for a world where gigabyte files are the rule rather than the exception, with a filing on February 23. Following close after,

U.S. stock futures moved sharply higher on Monday, indicating Wall Street may extend gains seen late last week after data showed a strong increase in jobs created, but weaker-than-forecast wages. Dow futures